Dr. Steffen Murau| steffenmurau.com

2016 | ‘EU, US and ASEAN Actorness in G20 Financial Policy‐Making. Bridging the EU Studies – New Regionalism Divide’ (with Kilian Spandler), Journal of Common Market Studies

This article compares the European Union’s (EU) actorness in foreign financial policy to that of the US and ASEAN. It thus contributes to the dialogue between EU studies and the New Regionalism by putting it into practice through comparative research. It argues that a process‐oriented interpretation of the actorness concept can be used to compare the EU to both nation‐states and international organizations at the same time. This makes it possible to examine the ‘nature of the beast’ in specific foreign policy contexts on empirical grounds. The case study analyses EU, US and ASEAN actorness in the IMF reform negotiations within the G20 framework. The findings suggest that a ‘two‐way comparison’ of the EU is not only possible but also provides valuable empirical insights into the role of informal politics in the EU and other regions.

Presented at the EU in International Affairs IV Conference, Brussels (05/2014)

Co-author:
Kilian Spandler, University of Gothenburg

Download link:
https://onlinelibrary.wiley.com/doi/abs/10.1111/jcms.12340

Related articles

2020 | ‘A Macro-Financial Model of the Eurozone Architecture Embedded in the Global Offshore US-Dollar System’, GEGI Study July 2020

It is a convention to say that the Eurozone architecture is ill-constructed and deficient. However, monetary architecture is not a well-defined term in monetary theory, and there is no consensus what the Eurozone architecture is beyond being […]

Learn More

‘Transformation of the Eurozone Architecture. On Crises and Institutional Change in the Offshore US-Dollar System’

This study adopts a dynamic perspective on the transformation of the Eurozone architecture, using the macro-financial model developed in Murau (2020) as conceptual framework. It analyzes changes in the web of hierarchical interlocking balance sheets […]

Learn More

‘The Transformation of Eurozone Fiscal Governance. Mitigating Fiscal Discipline through a Proliferation of Off-Balance-Sheet Fiscal Agencies’ (with Andrei Guter-Sandu)

The original Maastricht regime designed the Eurozone’s fiscal segment in a way that sought to keep member states’ treasury budgets balanced by disciplining them through market forces, reducing the overall volume of public indebtedness, prohibiting […]

Learn More